founded in 1818 and based in boston, eastern bank is the largest and oldest mutual bank in the united states, with $10 billion in assets and over 120 locations serving communities in eastern massachusetts and southern and coastal new hampshire. eastern is a recognized leader in corporate social responsibility and for its advocacy on behalf of a number of social justice causes. member fdic. equal housing lender.
Company profile
Ticker
EBC
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Eastern Insurance Group LLC • Broadway Securities Corporation • Real/Property Services, Inc. • Millennium Corporation • Shared Value Investments LLC ...
EBC stock data
Latest filings (excl ownership)
8-K
Eastern Bankshares, Inc. Reports First Quarter 2024 Financial Results
25 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
28 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
425
Business combination disclosure
20 Feb 24
8-K
Other Events
20 Feb 24
8-K
Eastern Bankshares, Inc. Reports Fourth Quarter 2023 Financial Results
25 Jan 24
425
Business combination disclosure
22 Jan 24
Transcripts
EBC
Earnings call transcript
2023 Q4
26 Jan 24
EBC
Earnings call transcript
2023 Q3
27 Oct 23
EBC
Earnings call transcript
2023 Q2
28 Jul 23
EBC
Earnings call transcript
2023 Q1
28 Apr 23
EBC
Earnings call transcript
2022 Q4
27 Jan 23
EBC
Earnings call transcript
2022 Q3
28 Oct 22
EBC
Earnings call transcript
2022 Q2
29 Jul 22
EBC
Earnings call transcript
2022 Q1
29 Apr 22
EBC
Earnings call transcript
2021 Q4
28 Jan 22
EBC
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
4
Luis Borgen
20 Mar 24
4
Deborah C Jackson
20 Mar 24
4
Bari A Harlam
20 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
4
Steven Louis Antonakes
5 Mar 24
4
James Burke Fitzgerald
5 Mar 24
4
David Andrew Ahlquist
5 Mar 24
4
Robert Francis Rivers
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 608.81 mm | 608.81 mm | 608.81 mm | 608.81 mm | 608.81 mm | 608.81 mm |
Cash burn (monthly) | 88.23 mm | (no burn) | (no burn) | 6.28 mm | (no burn) | (no burn) |
Cash used (since last report) | 610.49 mm | n/a | n/a | 43.46 mm | n/a | n/a |
Cash remaining | -1.68 mm | n/a | n/a | 565.35 mm | n/a | n/a |
Runway (months of cash) | -0.0 | n/a | n/a | 90.0 | n/a | n/a |
Institutional ownership, Q3 2023
59.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 178 |
Opened positions | 22 |
Closed positions | 19 |
Increased positions | 64 |
Reduced positions | 58 |
13F shares | Current |
---|---|
Total value | 1.31 tn |
Total shares | 105.26 mm |
Total puts | 53.50 k |
Total calls | 193.50 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 16.37 mm | $205.24 bn |
T. Rowe Price Investment Management | 13.32 mm | $166.17 bn |
BLK Blackrock | 11.36 mm | $142.46 bn |
FMR | 9.93 mm | $124.47 bn |
STT State Street | 4.63 mm | $58.11 bn |
Brown Advisory | 3.83 mm | $47.97 bn |
Geode Capital Management | 3.34 mm | $41.90 bn |
Jennison Associates | 3.23 mm | $40.46 bn |
Dimensional Fund Advisors | 3.16 mm | $39.63 bn |
Wellington Management | 2.90 mm | $36.43 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Luis Borgen | Common Stock | Sell | Dispose S | No | Yes | 13.08 | 40,288 | 526.97 k | 42,040 |
18 Mar 24 | Deborah C Jackson | Common Stock | Sell | Dispose S | No | Yes | 13.08 | 5,713 | 74.73 k | 70,501 |
18 Mar 24 | Harlam Bari A | Common Stock | Sell | Dispose S | No | Yes | 13.08 | 4,968 | 64.98 k | 71,129 |
1 Mar 24 | Steven Louis Antonakes | Common Stock | Payment of exercise | Dispose F | No | No | 12.81 | 3,506 | 44.91 k | 27,453 |
1 Mar 24 | Steven Louis Antonakes | Common Stock | Option exercise | Acquire M | No | No | 0 | 10,972 | 0.00 | 30,959 |
1 Mar 24 | Steven Louis Antonakes | RSU Common Stock | Grant | Acquire A | No | No | 0 | 5,439 | 0.00 | 5,439 |
1 Mar 24 | Steven Louis Antonakes | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,485 | 0.00 | 2,973 |
1 Mar 24 | Steven Louis Antonakes | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,487 | 0.00 | 28,464 |
1 Mar 24 | James Burke Fitzgerald | Common Stock | Payment of exercise | Dispose F | No | No | 12.81 | 5,328 | 68.25 k | 154,954 |
1 Mar 24 | James Burke Fitzgerald | Common Stock | Option exercise | Acquire M | No | No | 0 | 18,005 | 0.00 | 160,282 |